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Sleep Country Canada (TSE:ZZZ) stock price target increased to $35.00, reported earlier today by Scotia Capital

Scotia Capital bumped the estimated target of Sleep Country Canada (TSE:ZZZ) to $35, reporting a possible upside of 0.17%.

Previously on 7/29/2016, TD Securities reported on Sleep Country Canada(TSE:ZZZ) raised the target price from $30.00 to $32.00. At the time, this indicated a possible upside of 0.06%.

Having a price of $29.99, Sleep Country Canada (TSE:ZZZ) traded 2.05% lower on the day. With the last close up 29.06% from the two hundred day average, compared to the S&P 500 which has decreased -0.01% over the date range. The company has been tracking to a 50-day moving average of $31.25 and 200-day moving average of $24.01. Trade volume was was up over the average, with 1,977,368 shares of ZZZ changing hands over the typical 147,400 shares.

See Graph Below:

Sleep Country Canada (TSE:ZZZ)

With a market cap of $0.0, Sleep Country Canada has a one-year low of $14.09 and a one-year high of $33.40 with a PE ratio of 30.

Also covering Sleep Country Canada’s price target, a total of 7 firms have issued a research note on the company. The one year target is $25.73 with 0 rating the stock a strong buy, 0 rating the company a buy, 0 analysts rating the stock a hold, 0 rating the company to underperform, and lastly 0 firmsrating the stock as sell.

Brief Synopsis On Sleep Country Canada (TSE:ZZZ)

Sleep Country Canada Holdings Inc. is a Canada-based mattress retailer. The Company operates under two mattress retail banners: Dormez-vous?, the retailer of mattresses in Quebec, and Sleep Country Canada, the mattress retailer in the rest of Canada. The Company operates through Canada segment. The Dormez-vous? has over 50 stores with approximately two distribution centers in Montreal and Quebec City. The Sleep Country Canada has over 170 corporately owned stores and approximately 10 distribution centers in British Columbia, Alberta, Manitoba, Saskatchewan, Ontario, Nova Scotia and New Brunswick. The Company offer a range of mattresses and an assortment of complementary sleep related products and accessories, which include bed frames, pillows, mattress pads, sheets, duvets, headboards and footboards. Its subsidiaries include Sleep Country Canada Inc., and Sleep Country Canada GP ULC and Sleep Country Canada LP.

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